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Trade Dynamics with Sector-Specific Human Capital
Guren, Adam; Hemous, David; Olsen, Morten - C.E.P.R. Discussion Papers - 2014
This paper develops a dynamic Heckscher Ohlin Samuelson model with sector-specific human capital and overlapping generations to characterize the dynamics and welfare implications of gradual labor market adjustment to trade. Our model is tractable enough to yield sharp analytic results, that...
Persistent link: https://www.econbiz.de/10011083566
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Carbon Taxes, Path Dependency and Directed Technical Change: Evidence from the Auto Industry
Aghion, Philippe; Dechezleprêtre, Antoine; Hemous, David; … - C.E.P.R. Discussion Papers - 2012
innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10011084407